by our College Data Analytics TeamThis page focuses on the debt students take on to attend FVI School of Nursing and Technology, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
For incoming students at Florida Vocational Institute, 79% of freshmen borrow to help pay for their first year, at roughly $7,076 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $6,870. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Among all degree-seeking undergrads at Florida Vocational Institute, 67% borrow through federal student loan programs, for a typical $7,197 a year. That amounts to 4.8% above the first-year federal average of $6,870.
Borrowing at that rate every year works out to about $14,394 in two years and roughly $28,788 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 67% |
| Average federal loan per year | $7,197 |
| Undergraduates with a federal loan | 1,338 |
| Total federal loans (one year) | $9,629,066 |
The middle borrower at Florida Vocational Institute owes $9,294 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,294 |
| Students who completed (graduates) | $9,396 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Florida Vocational Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,421 |
| 75th percentile | $8,963 |
| 90th percentile (highest-debt students) | $9,245 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Florida Vocational Institute.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Florida Vocational Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 116 | $4,076 |
| Completed (graduates) | 90 | $4,160 |
| Did not complete | 26 | $3,067 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $49.47/mo.
These figures turn the debt totals into a monthly repayment picture for Florida Vocational Institute.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,294 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,294 |
| Continuing-generation students | $9,294 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,446 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Florida Vocational Institute.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Did You Know?
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.